OCC Proposal Targets Stablecoin Yield Under GENIUS Framework
The OCC released a proposal to implement the GENIUS Act, formally barring yield on payment stablecoins and tightening oversight of issuer-affiliate reward structures.
The OCC released a proposal to implement the GENIUS Act, formally barring yield on payment stablecoins and tightening oversight of issuer-affiliate reward structures.
Payoneer has applied for a US national trust bank charter as fintech and crypto firms increasingly seek regulated pathways to offer stablecoin and custody services.
Crypto.com has received conditional approval for a national bank trust charter from the OCC, signaling continued regulatory engagement with digital asset firms seeking federal oversight.